Saturday, June 19, 2021

business

SET Index up as mass vaccinations start rolling


The Stock Exchange of Thailand (SET) Index rose by 6.61 points or 0.41 per cent to 1,632.88 at 10am on Thursday. The volume of transactions was THB4 billion with an index high of 1,633.90 and a low of 1,631.75.

Krungsri Securities predicted the SET Index would fluctuate between 1,620 and 1,640 points amid hopes of a Thai economic recovery after mass vaccinations commenced nationwide, and the US bond yield fell.

It also advised investors to follow the US Consumer Price Index in May as this would affect foreign fund flows, adding that the CPI is expected to rise by 4.7 per cent.

It recommended investors buy:

▪︎ PTT, PTTEP, PTTGC, Top, IVL and Banpu, which would benefit from a global economic recovery.

▪︎ BCH, CHG, BDMS, Mint, Centel, ERW, AOT, CPAll, HMPro, CPN, CRC, AAV, Amata and WHA, which would benefit from the country reopening.

▪︎ KCE, IRPC, STA and STGT, expected to be listed on the SET50 Index in mid-June.

▪︎ AAV, BLA, ICHI, PSL, PTL, Singer, Stark, STGT and Synex, expected to be listed on the SET100 Index in mid-June.

 

The SET Index closed at 1,626.27 on Wednesday, up 13.39 points or 0.83 per cent. Transactions totalled THB94.10 billion with an index high of 1,628.42 and a low of 1,617.83.

Published : June 10, 2021

By : The Nation